Bittrex Receives Wells Notice From SEC for Alleged Investor-Protection Law Violations

Bittrex Receives Wells Notice From SEC for Alleged Investor-Protection Law ViolationsAccording to a recent report, the cryptocurrency exchange Bittrex received a Wells notice from the U.S. Securities and Exchange Commission (SEC) in March, signaling a potential lawsuit. The SEC’s enforcement division sent the Wells notice prior to Bittrex deciding to wind down its operations in the United States. ‘Lack of Regulatory Clarity’ in the U.S. […]

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New York Attorney General Files Lawsuit Against Kucoin and Declares Ethereum a Security

New York Attorney General Files Lawsuit Against Kucoin and Declares Ethereum a SecurityOn March 9, 2023, New York attorney general Letitia James announced that her office had once again cracked down on crypto platforms by filing a lawsuit against the Seychelles-based crypto exchange Kucoin. Members of the Office of the Attorney General (OAG) were able to purchase crypto assets, despite the exchange not being registered in the […]

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Thailand Issues 4 Cryptocurrency Licenses, Rejects 2 Exchanges

Thailand Issues 4 Cryptocurrency Licenses, Rejects 2 ExchangesThailand has officially granted licenses to three cryptocurrency exchanges and one broker-dealer. Two exchanges have been rejected and one is still being reviewed. These seven companies have been temporarily allowed to operate in the country. Two of them will now begin closing down their businesses. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for […]

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Uphold to Acquire JNK Securities, Opening Door for US-Regulated ICO Trading

Uphold to Acquire JNK Securities, Opening Door for US-Regulated ICO TradingIt seems that a race to take over US-licensed brokerages has begun among crypto companies. Soon after Coinbase revealed it is buying up a securities firm, Uphold has now followed the move with its own acquisition. JNK Securities’ licenses could possibly open the door for the company to offer trading on ICO tokens deemed securities […]

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Coinbase Acquires Investment Firms to Offer Regulated Crypto Securities

Coinbase Acquires Investment Firms to Offer Regulated Crypto SecuritiesCoinbase is seeking to become a fully licensed broker-dealer through its acquisition of three federally regulated firms. The company is confident that it will get the approvals necessary to start offering fully-regulated crypto securities. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinbase as Regulated Broker-Dealer One of the world’s largest cryptocurrency companies, Coinbase, […]

The post Coinbase Acquires Investment Firms to Offer Regulated Crypto Securities appeared first on Bitcoin News.

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